Loans for Second Homes

Financing for Second Homes

Refinance or purchase a vacation home in North Carolina & South Carolina – (910) 256-8999

If you’ve dreamed of owning a vacation property for you and your family to enjoy, a second home loan can help your dream come true.

Unlike investment property loans, which are strictly for homes purchased with the objective of generating income, vacation home mortgages allow the borrower to purchase a home that will be used for personal enjoyment. Even if you wish to rent out the home for part of the year, you may still be able to qualify for a second home loan.

Second home loans are designed for borrowers who want to purchase a home for their own personal use, but do not want to live in the home year-round.

Borrowers who wish to buy a home and enjoy it for both personal use and to generate rental income, may be able to qualify for a second home loan depending upon the amount of time the property is rented.

Exact guidelines vary by loan and/or lender, but generally speaking, if you plan to use the home for personal use at least three months out of the year and it is located at least 50 miles away from your primary residence, you may be able to qualify for second home financing, even if you occasionally rent it out to short term tenants.

For eligibility information and to find out more about out second home financing, call our team of mortgage professionals at (910) 256-8999.

Second Home Financing Highlights

May be used to finance the purchase of a home intended to be used as a second home or vacation home and generate income (as long as the borrower occupies the home throughout part of the year).*

Can be used to refinance an existing second home/vacation home loan.

Available in a variety of terms, including 30 year fixed rate.

May offer better rates and terms than investment property loans

*Talk to our loan specialists for details and guidelines on our second home loans.

Call us today at (910) 256-8999 for a free quote.

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Call (910) 256-8999 or complete the form below.

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